Gun Owners Of America Lawsuit Strikes Down Parts Of National Firearms Act

WTI Dips After Across The Board Inventory Builds, Big SPR Drain, & Record US Production Oil prices are higher again this morning after President Donald Trump nixed the idea of an eventual deal with Iran."We don't need a deal with Iran," Trump wrote in a social media post. "Those days have long since passed."The U.S. and Iran had reportedly been in on-again, off-again negotiations over the issue reopening the strait. So far, none of those talks yielded a comprehensive deal. Trump claimed a deal was not necessary because the U.S. already...

The Biggest Winners And Losers From The Petrodollar's Decline Authored by Nick Giambruno via InternationalMan.com, The Iran war is straining US weapons stockpiles and raising doubts about Washington's ability to protect the Persian Gulf. If that weakens the petrodollar and pushes oil producers away from the US financial system, two assets face clear headwinds: the US dollar and US Treasuries. The petrodollar system helped create structural demand for both. If oil exporters sell more energy outside the dollar system, fewer oil dollars need to flow back through Wall Street and into Treasury securities. At the...

"Shocking Levels Of Distress": CMBS Delinquencies Unexpectedly Soar To Covid Highs With market focused on private credit as the next credit market crisis vortex, many have forgotten that CMBS, the asset class that was smashed in the aftermath of covid as hundreds of office buildings were suddenly left vacant, has been teetering on the edge for years. For some, it proved to be a lucrative bet as the "next big short" after various office-heavy CMBX tranches collapsed in 2020 and 2021. But due to the slow-burning nature of commercial real-estate...